Rent increases are a sensitive subject. As a landlord you need to know the legal framework and at the same time think commercially. We show you when a rent increase is justified and how to carry it out correctly.
Reasons for a rent increase can be:
- Index adjustment: adjusting index-linked contracts to inflation.
- Modernisation: after a lasting improvement to the property, part of the cost can be passed on.
- Comparable rent: adjustment to the local market rent.
Observe statutory deadlines and upper limits. An increase must be justified in writing and served on the tenant. Also consider your relationship with your tenants – moderate adjustments and transparent communication pay off in the long run. A property manager supports you with the calculation and handles the formalities.
A well-prepared rent increase avoids disputes and is legally sound. Discuss your plans with HV Purkarthofer – we check your options and handle the whole process. Get in touch for personal advice.
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